EU: US electric vehicle tax credit reduces buyers' choices

EU: US electric vehicle tax credit reduces buyers' choices

2 years ago
Anonymous $Dcz6_RW03I

https://apnews.com/0d508b93c73d6f5821590c6e3944342a

BRUSSELS (AP) — A new U.S. tax credit aimed at encouraging Americans to buy electric vehicles may backfire and limit choices for consumers because of concerns it's weighed against European Union manufacturers, the EU trade chief said Thursday.

Valdis Dombrovskis held a virtual meeting with his American counterpart Katherine Tai to address a wide range of trade issues, including the tax credit provision.